Meanwhile, speculation about Dells potential buyout continued, shunli1217.typepad.com with sources claiming Silver Lake Partners is in talks with the manager of Canadas pension plan and other potential investment partners.
Sales of $13.5 billion last quarter matched average predictions of analysts, according to data compiled by Bloomberg. Net income fell to $2.47 billion, or 48 cents a share, compared 45 cents projected by analysts.
While Silver Lake has yet to line up investment partners, the buyout firm has told its bank lenders that it remains very confident about its ability to secure equity financing.
Speculation
They are definitely coming from behind and their market is moving away from them, said Patrick Wang, an analyst at Evercore Partners. They are trying to breathe some life into the PC marketIntel reports lling sales figures equity finance.
Silver Lake has reached out to the $170 billion Canada Pension Plan Investment Board and other investors in its fund, known as limited partners, the people said.
Intel, which employs more than 4,000 people in Ireland, plans to spend about $13 billion on new plants and equipment in 2013, more than analysts had projected, to help it cater to growing demand for handsets and tablets.
Singapores state investor Temasek Holdings Pte Ltd another prospective equity partner that Silver Lake has tapped is not interested in joining the consortium, sources said.
It has been almost 25 years since Dell went public, and if the deal is completed, it will be the largest leveraged buyout in some years. (Additional reporting: Reuters/Bloomberg)
CIARA OBRIEN
I dont think things will get better in PCs, said Cody Acree, an analyst at Williams Financial Group in Dallas. For growth in the PC market this year.
Dell also has formed a special committee to take a close look at any potential deal on the table, multiple sources told Reuters.
Sales at Intel are expected to ll for the third straight quarter, as the company continues to struggle in a changing industry that has seen a definite swing towards mobile devices.
Sales in the current period may decline, Intel said, how to apply to downey adult school lvn ndeed.com after reporting a 3 per cent drop last quarter. That followed a 5 per cent decline in the September quarter.
Intel Ireland, meanwhile, is expected to play a role in manucturing new chips. Last month general manager of Intel Ireland Eamonn Sinnott said the Irish operation is still on the roadmap for the 14 nanometre chip, with Arizona already announced as a manucturing location.
You keep going until you stop, and when you stop you die. Pink Floyds Roger Waters remains as restless today as ever, writes Ronan McGreevy
However, tumour4339.typepad.com its data centre group saw revenue rise by 7 per cent quarter on quarter to $2.8 billion, a year-on-year rise of 4 per cent.
Side-saddle riding is undergoing a revival, as evidenced by the record number that will go hunting in Meath today, writes Margie McLoone
There is no delay, there is no change, he said. Paul Otellini has identified Ireland as being on the 14nm and beyond roadmap. There is no change to that. But the investment in new capabilities wont quickly help the California-based company compensate for diminishing demand for PCs.
According to its latest results, revenue from its PC client group revenue fell by 1.5 per cent to $8.5 billion in the fourth quarter of last year. Year over year, that was a 6 per cent drop.
The flag protests in Belst have put many people off coming in to the city to shop and socialise, but business ownersare coming up with ways to keep their doors open
The company has been hit by a ll in the demand for PCs, an industry in which it has dominated for several years, and a ilure to gain a foothold in the mobile and tablet markets.
A recent surge in prisoner numbers has made Irish jails more over crowded and dangerous than ever. A new series examines our broken prison system,Intel reports lling sales figures equity finance.
Hide this messageThis site uses cookies to ensure that we give you the best experience on our website. We also use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, well assume that you are happy to receive all cookies on the irishtimes.com website. However, if you would like to, you can change your cookie settings at any time. For more information see our Cookie Policy.
Revenue
